L3Harris Technologies Inc. (LHX): Price and Financial Metrics

L3Harris Technologies Inc. (LHX): $210.93

1.93 (-0.91%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

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Industry: Air/Defense Services

Industry

C

Ranked

#27 of 71

in industry

LHX Price/Volume Stats

Current price $210.93 52-week high $218.34
Prev. close $212.86 52-week low $160.25
Day low $210.50 Volume 1,441,200
Day high $213.22 Avg. volume 1,138,304
50-day MA $209.77 Dividend yield 2.17%
200-day MA $192.60 Market Cap 40.10B

LHX Stock Price Chart Interactive Chart >

LHX POWR Grades

  • Momentum is the dimension where LHX ranks best; there it ranks ahead of 81.12% of US stocks.
  • LHX's strongest trending metric is Quality; it's been moving down over the last 26 weeks.
  • LHX ranks lowest in Value; there it ranks in the 46th percentile.

LHX Stock Summary

  • With a market capitalization of $39,769,335,045, L3HARRIS TECHNOLOGIES INC has a greater market value than 93.45% of US stocks.
  • LHX's went public 38.03 years ago, making it older than 92.92% of listed US stocks we're tracking.
  • With a year-over-year growth in debt of 83.52%, L3HARRIS TECHNOLOGIES INC's debt growth rate surpasses 90.67% of about US stocks.
  • Stocks that are quantitatively similar to LHX, based on their financial statements, market capitalization, and price volatility, are GPN, AME, STZ, GIS, and NUE.
  • LHX's SEC filings can be seen here. And to visit L3HARRIS TECHNOLOGIES INC's official web site, go to www.l3harris.com.

LHX Valuation Summary

  • In comparison to the median Industrials stock, LHX's price/sales ratio is 0% higher, now standing at 2.1.
  • LHX's EV/EBIT ratio has moved up 4.8 over the prior 243 months.

Below are key valuation metrics over time for LHX.

Stock Date P/S P/B P/E EV/EBIT
LHX 2023-12-29 2.1 2.1 26.9 25.3
LHX 2023-12-28 2.1 2.1 26.9 25.4
LHX 2023-12-27 2.1 2.1 26.8 25.3
LHX 2023-12-26 2.1 2.1 26.8 25.2
LHX 2023-12-22 2.1 2.1 26.6 25.1
LHX 2023-12-21 2.1 2.1 26.5 25.1

LHX Growth Metrics

    Its 2 year price growth rate is now at 27.27%.
  • Its year over year price growth rate is now at 9.69%.
  • Its 5 year revenue growth rate is now at 130.09%.
LHX's revenue has moved up $3,978,000,000 over the prior 33 months.

The table below shows LHX's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 16,834 2,198 1,130
2022-06-30 16,817 2,094 1,911
2022-03-31 17,350 2,065 1,853
2021-12-31 17,814 2,687 1,846
2021-09-30 18,124 2,563 1,555
2021-06-30 18,358 2,836 1,500

LHX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • LHX has a Quality Grade of B, ranking ahead of 81.64% of graded US stocks.
  • LHX's asset turnover comes in at 0.501 -- ranking 141st of 208 Electronic Equipment stocks.
  • MICT, HEAR, and APH are the stocks whose asset turnover ratios are most correlated with LHX.

The table below shows LHX's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-10-01 0.501 0.302 0.176
2021-07-02 0.500 0.299 0.173
2021-04-02 0.488 0.294 0.155
2021-01-01 0.485 0.292 0.134
2020-10-02 0.485 0.286 0.150
2020-07-03 0.479 0.280 0.140

LHX Price Target

For more insight on analysts targets of LHX, see our LHX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $254.35 Average Broker Recommendation 1.62 (Moderate Buy)

L3Harris Technologies Inc. (LHX) Company Bio


L3Harris Technologies (L3Harris) is an American technology companydefense contractor, and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. They specialize in surveillance solutions, microwave weaponry, and electronic warfare. It was formed from the merger of L3 Technologies (formerly L-3 Communications) and Harris Corporation on June 29, 2019,  and was expected to be the sixth-largest defense contractor in the United States. (Source:Wikipedia)


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Latest LHX News From Around the Web

Below are the latest news stories about L3HARRIS TECHNOLOGIES INC that investors may wish to consider to help them evaluate LHX as an investment opportunity.

L3Harris Technologies awarded $479M USSOCOM contract

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Why I Wouldn't Chase L3Harris Here

The company makes advanced military and commercial technologies, which seem to be more in demand as the world seems to be a dangerous place. In this daily bar chart of LHX, below, I can see that prices have broken above a ten-month downtrend line (not drawn) and have rallied above the bottoming 200-day moving average line. The trading volume has been more active the past three and a half months.

Yahoo | December 15, 2023

Read More 'LHX' Stories Here

LHX Price Returns

1-mo 0.04%
3-mo 0.93%
6-mo 22.17%
1-year 10.70%
3-year 13.70%
5-year 44.33%
YTD 0.69%
2023 3.67%
2022 -0.48%
2021 14.98%
2020 -2.76%
2019 49.21%

LHX Dividends

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